Fawaz Gruosi, who previously headed the high-end Swiss jewellery brand de Grisogono, has left his position as Creative Consultant of the Fawaz Gruosi Genève brand with immediate effect, according to a statement from the investor Creative Luxury Holding (CLH).
Over the past three years CLH invested heavily in the Fawaz Gruosi Genève brand whilst building a team of designers and craftsmen that have created exquisite collections of jewellery and timepieces bearing the Fawaz Gruosi name, it noted.
“CLH and Mr. Gruosi had committed to a clear long term commercial strategy for the business, however recent decisions by Mr. Gruosi have made the partnership untenable and therefore he leaves immediately,” CLH said.